Question: A company obtains financing to develop a project that has the following characteristics: principal $200,000 payment term 5 years, total grace period 6 months,

A company obtains financing to develop a project that has the following

A company obtains financing to develop a project that has the following characteristics: principal $200,000 payment term 5 years, total grace period 6 months, nominal interest rate 16% CT. Payable in quarterly level installments; calculate. a) The installment b) The total interest paid c) The payment table up to the installment

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